Compagnie Financiere Richemont (OTCMKTS:CFRUY) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $22.74 and traded as high as $24.40. Compagnie Financiere Richemont shares last traded at $24.36, with a volume of 249,038 shares trading hands.

Compagnie Financiere Richemont Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 3.10. The firm’s 50 day moving average is $22.74 and its 200 day moving average is $20.50.

Compagnie Financiere Richemont Company Profile

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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